Submission of Disclosure under Regulation 29(1) and 29 (2) of SEBI (Substantial Acquisition & Takeovers) Regulations, 2011 received by the Company.
SOFTTECH · price
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Fedex Finance Private Limited acquired 22,46,998 equity shares (16.23%) of SoftTech Engineers Limited on May 7, 2026 through open market purchase. Simultaneously, Elimath Advisors Private Limited sold the same quantity of 22,46,998 shares (16.23%), completely exiting its position in the company. Both entities are explicitly stated as non-promoter/non-promoter group entities. The total share capital of the company is 1,38,42,138 equity shares of Rs. 10 each. The same block of shares effectively changed hands between these two entities on the same day.
A non-promoter entity (Fedex Finance) has taken a substantial 16.23% stake in SoftTech Engineers, while another non-promoter (Elimath Advisors) has fully exited. This represents a significant change in the company's shareholding pattern among public shareholders, though promoter holding remains unaffected.